Assume that the auditor has selected 100 sales invoices from a population of 100,000 to test for

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Assume that the auditor has selected 100 sales invoices from a population of 100,000 to test for an indication of internal verification of pricing and extensions. Determine the CUER at a 10 percent ARO if four exceptions are found in the sample using statistical attributes sampling. Explain the meaning of the statistical results in auditing terms.

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Auditing And Assurance Services An Integrated Approach

ISBN: 9780135176146

17th Edition

Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley

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